Elaine Brennan, Roosevelt & Cross Executive Vice President, Public Finance was cited in a recent Bloomberg Daily Brief on higher interest rates prompting a recalculation of how robust the municipal bond market will be in 2022. Despite the potential for rate hikes this year, Brennan advised “local governments tend to be rate-resilient, and rates are still historically low enough for issuers to take advantage.
Original Source: https://newsletters.briefs.bloomberg.com/document/ALHnhzrzWY7XAh-njrNc.Q–_4sz4iimmf9sz8w2fxu/diary-1